JPMorgan Chase & Co. Reiterates “€17.00” Price Target for Carrefour (EPA:CA)

JPMorgan Chase & Co. set a €17.00 ($19.10) price target on Carrefour (EPA:CA) in a report issued on Wednesday morning, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.

A number of other research firms have also recently weighed in on CA. Sanford C. Bernstein set a €15.00 ($16.85) price target on Carrefour and gave the company a neutral rating in a report on Tuesday, April 28th. UBS Group set a €17.00 ($19.10) price objective on shares of Carrefour and gave the company a buy rating in a research note on Friday, July 17th. Goldman Sachs Group set a €13.80 ($15.51) price objective on shares of Carrefour and gave the company a neutral rating in a research note on Wednesday. Jefferies Financial Group set a €16.00 ($17.98) price objective on shares of Carrefour and gave the company a buy rating in a research note on Tuesday, July 28th. Finally, HSBC set a €19.00 ($21.35) price objective on shares of Carrefour and gave the company a buy rating in a research note on Thursday, April 30th. Four investment analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Carrefour presently has a consensus rating of Buy and a consensus target price of €16.48 ($18.52).

CA opened at €13.50 ($15.17) on Wednesday. The business’s 50 day moving average is €13.83 and its 200-day moving average is €14.30. Carrefour has a twelve month low of €16.31 ($18.33) and a twelve month high of €23.68 ($26.61).

Carrefour Company Profile

Carrefour SA operates stores in various formats and channels in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, China, and Taiwan. The company operates hypermarkets, supermarkets, convenience stores, cash and carry stores, and hypercash stores; e-commerce sites and m-commerce channels; and service stations.

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Analyst Recommendations for Carrefour (EPA:CA)

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